Crowding out of private support to the elderly: Evidence from a demogrant in Mexico

Juarez, Laura

doi:10.1016/j.jpubeco.2008.10.002

Cited by 92 publications

(103 citation statements)

References 33 publications

(52 reference statements)

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“…By contrast, if intergenerational transfers and exchanges are selfishly motivated, public income redistribution policies will not be neutral (Cox, 1987, andJuarez, 2009). For example, government subsidies for elderly care will lead to a decline in care provided by children to their parents, which in turn will lead to a decline in bequests from parents to children and a redistribution of income from younger to older cohorts.…”

Section: Introductionmentioning

confidence: 99%

Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

Horioka¹,

Gahramanov²,

Hayat³

et al. 2016

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In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents using a two-period overlapping generations model with endogenous saving and a "contest success function" and test this model using micro data from a Japanese household survey, the Osaka University Preference Parameter Study. To summarize our main findings, we find that the Japanese are more likely to live with (or near) their elderly parents and/or to provide care and attention to them if they expect to receive a bequest from them, which constitutes strong support for the selfish bequest motive or the exchange motive (much stronger than in the United States), but we find that their caregiving behavior is also heavily influenced by the strength of their altruism toward their parents and social norms.

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Section: Introductionmentioning

confidence: 99%

Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

Horioka¹,

Gahramanov²,

Hayat³

et al. 2016

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“…5 See World Bank and PwC (2015). 6 See Juárez (2009). 7 Integrating corporate and personal income taxes proved to be very successful in encouraging saving in Chile.…”

Section: Notesmentioning

confidence: 99%

Ahorrar para desarrollarse: Cómo América Latina y el Caribe puede ahorrar más y mejor

Cavallo¹,

Serebrisky²,

Frisancho³

et al. 2016

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“…1 For example, if government subsidies for elderly care are introduced, parents will increase their bequests to their children because they wish to compensate their children for the higher taxes they have to pay in order to finance these subsidies. By contrast, if intergenerational transfers and exchanges are selfishly motivated, public income redistribution policies will not be neutral because there will not be an offsetting increase in bequests (Cox 1987;Juarez 2009). In fact, government subsidies for elderly care will lead to a decline in care provided by children to their parents, which in turn will lead to a decline in bequests from parents to children and a redistribution of income from younger to older cohorts.…”

Section: Introductionmentioning

confidence: 99%

Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

et al. 2016

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Asian Development Bank InstituteThe Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI's working papers reflect initial ideas on a topic and are posted online for discussion. ADBI encourages readers to post their comments on the main page for each working paper (given in the citation below). Some working papers may develop into other forms of publication. Charles Yuji Horioka is vice president and research professor at the Asian Growth Research Institute, Kitakyushu, Japan. Emin Gahramanov is associate professor at the American University of Sharjah, Sharjah, United Arab Emirates. Aziz Hayat and Xueli Tang are senior lecturers at Deakin University, Melbourne Burwood Campus, Burwood, Australia.The views expressed in this paper are the views of the author and do not necessarily reflect the views or policies of ADBI, ADB, its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.Working papers are subject to formal revision and correction before they are finalized and considered published. AbstractWe conduct a theoretical and empirical analysis of why children live with (or near) their parents and provide care and assistance to them using microdata from a Japanese household survey, the Osaka University Preference Parameter Study. We find that the Japanese are more likely to live with (or near) their elderly parents and/or to provide care and attention to them if they expect to receive a bequest from them, which constitutes strong support for the strategic bequest motive, but that their caregiving behavior is also heavily influenced by the strength of their altruism toward their parents and social norms.

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Crowding out of private support to the elderly: Evidence from a demogrant in Mexico

Cited by 92 publications

References 33 publications

Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

Ahorrar para desarrollarse: Cómo América Latina y el Caribe puede ahorrar más y mejor

Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?

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